SNTAF (Strategic Minerals Europe) Days Inventory: 130.21 (As of Jun. 2024)


What is Strategic Minerals Europe Days Inventory?

Strategic Minerals Europe SNTAF -99.80% Days Inventory is 130.21 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Strategic Minerals Europe's Average Total Inventories for the three months ended in Jun. 2024 was $0.44 Mil. Strategic Minerals Europe's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.31 Mil. Hence, Strategic Minerals Europe's Days Inventory for the three months ended in Jun. 2024 was 130.21.

The historical rank and industry rank for Strategic Minerals Europe's Days Inventory or its related term are showing as below:

SNTAF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 85.57
* Ranked among companies with meaningful Days Inventory only.

Strategic Minerals Europe's Days Inventory increased from Jun. 2023 (52.12) to Jun. 2024 (130.21). It might indicate that Strategic Minerals Europe's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strategic Minerals Europe's Inventory Turnover for the three months ended in Jun. 2024 was 0.70.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.


Strategic Minerals Europe  (OTCPK:SNTAF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Strategic Minerals Europe's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Strategic Minerals Europe's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Strategic Minerals Europe Days Inventory Related Terms


Strategic Minerals Europe Days Inventory Historical Data

* Premium members only.

The historical data trend for Strategic Minerals Europe's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Strategic Minerals Europe Days Inventory Chart

Strategic Minerals Europe Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
0.00 23.81 24.83 36.41 30.02

Strategic Minerals Europe Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.12 33.19 52.41 137.03 130.21

SNTAF vs RNGG: Days Inventory Comparison

For the Other Industrial Metals & Mining subindustry, Strategic Minerals Europe's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Strategic Minerals Europe Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Strategic Minerals Europe's Days Inventory distribution charts can be found below:

* The bar in red indicates where Strategic Minerals Europe's Days Inventory falls into.



Strategic Minerals Europe Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Strategic Minerals Europe's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.934 + 0.454) / 2 ) / 8.437*365
=0.694 / 8.437*365
=30.02

Strategic Minerals Europe's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.441 + 0.438) / 2 ) / 0.308*365 / 4
=0.4395 / 0.308*365 / 4
=130.21

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 130.21 mean?
Strategic Minerals Europe (SNTAF) has a Days Inventory of 130.21 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Strategic Minerals Europe and its competitors.
Is Strategic Minerals Europe's Days Inventory too high?
Strategic Minerals Europe's current Days Inventory is 130.21. The Metals & Mining industry median Days Inventory is 85.57. Strategic Minerals Europe's value of 130.21 is 52.2% above this industry median.
How does Strategic Minerals Europe's Days Inventory compare to RNGG?
Strategic Minerals Europe's Days Inventory of 130.21 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 85.57. Strategic Minerals Europe's value of 130.21 is 52.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.57, based on 680 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Strategic Minerals Europe's current Days Inventory of 130.21 is 52.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Strategic Minerals Europe and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strategic Minerals Europe's current Days Inventory is 130.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Minerals Europe stock overvalued right now?
Strategic Minerals Europe (SNTAF) has a current Days Inventory of 130.21. The current Days Inventory is 130.21 and 52.2% above the Metals & Mining industry median of 85.57. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Strategic Minerals Europe (SNTAF), the current Days Inventory is 130.21 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Strategic Minerals Europe Business Description

Address Calle Nunez de Balboa 116, 3 0, Office 2B, Madrid, ESP, 28006
Strategic Minerals Europe Corp is engaged in the identification, exploration, and development of mineral resource properties in Spain.